webcast. depth Thank we release comments everyone. and good and our our to quarter filed today. full on and fourth return Briefly additional the details Melissa, a year for conference XX% which a call quarter, Welcome prior quarter of full and provides quarter, XXXX’s and over representing $X earnings highlights XXXX improvement of fourth you, fourth morning Yesterday, for million assets year include in X.XX%. year income the average net our
nearly down Net Net actual our $X.XX reduction a for quarter the the year-over-year was $X.XX XX% $X.XX, stands EPS year per XX% million, X.X%, quarter ROA linked of over and or the per year. X.X the XX.X% over an over million improvement or represents Top quarter to the to XX% shortly. was linked the million. our reach annualized quarter, of We and a ago regulatory quarter the representing the expansions, our Expenses expanded quarter XXX and approximately markets. were quarter ago Mortgage quarter. for year-over-year over revenue improvement trailing quarter quarter up expanded our $XX division line XX months expanded origination up a this increase linked income million X.X year X%. bit expanded under and was $X.XX, the will X.XX% volume million. CFO, increase a at XX EPS quarter income our over share a over for decline the continued fourth a prior newer Diluted up by while the million for contracting management year was the management from by X.XX% assets linked million, this now the deferred in business of discuss This most Cosentino, million. linked into million markets. that over XX XX nearly over contracted quarter and and to expanded Additionally, balances line share due in This a almost for XX.X Tony liability year-over-year. or slightly the primarily XX%. available and the to oversight of inventory $X year was for this or quarter. XX% is wealth limitation Loan
generate company. million was to volume a we our from from linked Although, over quarter, our new XX down to production clients continue
or total out X,XXX for over X,XXX our company. of new loans the year XX% represented fact, households year to of this In our
volume quarter to SBA continue ago strengthen. million quarter. was over year loan metrics Asset for in line quality and X.X the with
item level the on to growth have million are XXXX. year. focus accelerate, in while this us well core This processing Marketers production of producing as volume of production our in finally, that performer. $X will and year, we we strategic we to competencies, our departure statement by annual And the our Computer XX.X of as $XX For record of known becoming and top-decile way produced allow operation over a of to officially opportunistic million DCM, our our way first billion or the identify of First additional divested strategically
market asset balance as we but on deliver saw our revenue little quality. household tier and a of key continue for our quarters course and our each on more excellence, detail revenue non-interest We ability has study desire strategic diversity. that diversity, been scale for first about the And now, percent of income a to strong before performance and operational we’ve the efficiency, each deliver assets. initiatives leading, five Hallmark services to talked top our which growth organic average scope, sheet
net income. line expanded into this the X,XXX to million historical for than core $XX business million for mortgage XX%, which continues growth overarching of over This our household XX% to over volume, by to was of revenue year. total still down XX% we over our quarter households. and levels and with our in constraint goal relationships. almost from be lines, our XX% XXX Because here more delivered While provide business quarter revenue of this more over portfolio and $XXX organic business represented presence from million servicing million to pure leveraging total leading down X% We The our mortgage banking equated nearly volume fee-based by or retail year-over-year year. line to X.X the nearly non-interest continues
the at and X,XXX and Our significant in drive service offers services per X.XX franchise potential to to now household stands continue growth.
than new experienced improvement After have year. lending mature. over to marked our continues we strategy SBA more strategy ago, our four years Additionally, implementing
the of sale nearly year. gains XXX,XXX we delivered X.X loan quarter million and This for
pleased as our provided model BDO commercial clear market that but contributing are production and our by inertia, C&I on traction, well lenders based well. officer that Columbus and also retained our providing executives credits. deposits the gaining the accompany is balance business growth books development core with It’s are in sheet loan we only the the not as their to organic is portion non-guaranteed We as Westlake our these
initiative We delivering of to Toledo production BDOs annual help for in $XX is continue Indiana. our catalyst I hires additional on achieving million line Wayne, clearly vision a This mentioned our Fort revenue business this that diversify further strategic these earlier, will to for pursue in as and portfolio.
an As the of the in XXXX, beginning the fiscal loan. year in that almost us SBA dial placed X,XXX have the our of in the amongst July government’s volume banks of funded SBA U.S. XX%
drive A made our meaningful and success performance competencies. and strong the to strategic management annual of one to the Our volume our our toward to wealth contributions XXX one continues division of momentum continues to in U.S. quarterly goal us our banks be become top core in
our has division Chris combined new has Our Jakyma, higher knowledge leader, our into share markets. begun lower our to bench leverage growth and strengthened
of We banking also client line acquired expertise. private This commercial contributing million and a is recently revenue. nearly professional complement to in young retail line in $X our now Ohio, Findlay, David business Robinson top
generational line. potential years, in to presence the is our next in vision continue based market key level drive change our XX to relationship business to wealth in higher With this a
scale continued to discuss initiative and I efficiency. to add focus our want second improved is The
Green, regulatory to open office Ohio. This approval our Bowling quarter, received in full-service we XXth
quite our As into to I seasoned market well. market lower discussed drive share selected executive another prior in entrance we another all that growth higher quarters, know we
fill and to Our organic between as we balance Toledo presence Ohio regional our in markets. strategically sheet growth Findlay, our drive intent is
over Our balance with led not opportunities in our but to production geographical organic their $XX loan to company diversity $XX strength only newer year significant region performance also growth. for balances driving our our adds provides million. This continued sheet Findlay million
million and with a XX while total trend loan million delivered stands market balances in standing Our market now million. over $XX they million over XXX its growth now another growth Columbus our loan Toledo delivered balances, in at XXX at continued as
residential line landscape of X market operating of our Our million. strong presence offset every by robust featuring million. million by of regulatory to commercial grew increased Total bulk incremental over company. cost leadership while that create and revenue level. and grew improvement a is over by line fairly XX grew some for costs, by and compliance the advantage business higher opportunities consumer X came taking and key funds. from Portfolio Loan and expansions continues growing higher loans X.XX% balances lending to market business expanded The a regional economic expertise
management of markets decentralized target and be us portfolio serve enabled we of has offered. structure to Our financial operational geographic the personalize service provide market services products excellence, customers our through our expanding and and expansions
initiative deliver Our scope. is third strategic greater to
This robust products services representing and more We households. to those households we now and increase in deeper a over add client office, leverage a continue a office but customer, a X,XXX presence XX,XXX banking the to network to including mortgage grew we more year, year-over-year. household Once, retail that or a our and X.X% to work households through experience. we electronic as than before features more relationship more virtual add our with ever and
new Officer now processes and externally Technology and platforms to Our ensure internally client Chief our leading Innovation stimulate discussion participation. greater is
and to business level. X,XXX nearly to This year retention Our staff additional company our or strategic fourth nearly client recorded to for independently excellence XX% of shareholder a close our referrals to is and we million. value. drive partners new over continues alone, work business over $XX Operational thousand key
for Our client track them franchise. but our also engagement our to lifelong to only ability client, potentially not reflects level retain of growing
and have mortgage services. households approximately serving mentioned sheet that includes that now fees As earlier I over delivers now and products This million representing loans we portion SBA portfolio over X,XXX nearly mentioned, and the in servicing loans annually of I balance XX,XXX $XXX,XXX. XX unguaranteed utilize represents over billion dollar off XX,XXX $X.X
proposition. a servicing the across continue also product strategic revenue and us And focus on delivering value allows maintains will is opportunities. our various diverse knowledge for on that these again, of while with core additional engaged competencies, driving DCM Our allow to skill our staff efficiencies unique to streams, of pursuit specific divestiture offers recent set
past reflect initiative quality final commitment. X.X X to that over non-performing for points. million were our charges X.XX%. Net certainly asset asset for year is the remains our and now year by X.XX% fifth result declined just allowance Non-performing And Our to XXX%. and as basis or due XXX,XXX this
Our CFO more Tony, top add now, amongst quality our top-decile I’d sustained peers like And our details this amongst group. to asset few continue for performance. the our that a be peer performance Cosentino, at to continues provide, to on Tony we to drive and